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How to Create an NFT & Sell it

NFT and Metaverse

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A step by step guide on how to create an NFT and sell it!

Since the release of Bitcoin in 2009, a whole new section of possibility has opened its doors for explorers and the finance sector. Along with enjoying mass adoption of the new asset class, the year 2020 has encountered many highs and lows of Bitcoin; the first known crypto asset along with the explosion of the meme-inspired Dogecoin; which has also led to the invention of coins like Shiba Inu. Not only did coins like Dogecoin make an impact in the crypto ecosystem, but also new segments of crypto like NFTs made their debut. It does not stop there! There are innumerable other sectors in cryptocurrency and blockchain technology that are being explored every passing day! Read along to find what NFTs are, and how you can take a step forward to explore making one on your own.

What are NFTs?

Non-Fungible might not sound like something that is dealing with technology or anything Finance, but it is. Let us break it down in layman’s terms to understand it better. Non-fungible is a type of crypto asset that is unique, collectible, and assets that cannot be replicated.

NFTs can also be described as a cryptographic token that uniquely defines an asset. They can be used to represent digital assets which are in the form of images and also can track real-world assets like a house or a song for example. As these NFTs make the assets unique, i.e. there can only be one of any NFTs, which gives one to prove ownership over the said asset and prove the authenticity of the ownership. 

That being said, NFTs do not require any particular expertise. But, there are certain steps that one needs to follow to learn how to create an NFT on your own. Let us take a look at what those steps are!

Also Read: Top 6 NFT Tokens in 2022

How to create an NFT?

NFTs are unique objects that cannot be replicated, correct? It is also an asset that is referred to as a collectible. Thus, to create an NFT, these are the steps one needs to follow:

Step 1: Decide on the concept

It is imperative that the concept on which the token will be made is clearly defined from the beginning. 

Step 2: Choose a platform for your NFT

Once the concept has been set, it is time to choose a platform that will host the NFT for the collectors. Some of the well known NFT platforms are, 

If OpenSea is the marketplace you have chosen, the following requirements apply:

The requirements to create an NFT are very few. Though they depend on the marketplace chosen to host the NFT. 

Step 3: Connect and build a community

As soon as the platform hosting the unique NFT is set, it is important to start building a community. These connections will be the first segment usable while marketing the NFTs. Communities for NFTs or any crypto asset are usually built on platforms like Twitter, Slack, or Discord.

Step 4: Create your NFT

Now that the concept of the NFT is defined and it is set to be launched on a chosen platform, it is time for the art to be made. Steps for the same are as follows;

Step 5: Mint the NFT

Once the account on any of the NFT marketplaces is created, all that remains is to create a collection and name it as per choice. Once done, add a proper description and the NFTs are now ready to be minted!

That’s it! Those are the only things you need to begin your journey of creating your NFT.

Additional Read: How to assess the value and worth of NFTs

How to sell your NFTs

NFTs penetration in the ever-evolving crypto space has opened numerous options for artists and digital creators. To take a step forward after creating your NFT would be to sell your artwork.
Once the listing fee has been paid to the NFT marketplace, you are all set to sell your NFT!

Additional Read: Daily Crypto News, 25 January, 2022

Top 5 NFT Marketplaces 

NFT Marketplace Website 
OpenSea https://opensea.io/
Superfarm https://superfarm.com/
Rarible https://rarible.com/
Ethernity https://ethernity.io/

Top 5 NFT Tokens by Market Capitalisation

Crypto Market Cap (31 January 2022)
Decentraland (MANA) $5,157,621,883
The Sandbox (SAND) $3,794,340,091
Enjin Coin (ENJ) $1,609,997,474
Axie Infinity (AXS) $3,184,118,467
Theta Token (THETA) $2,946,144,116

Explore top 5 NFTs and more on CoinDCX.

Additional Read: Mana vs Sand: Comparative Analysis of Top Metaverse Coins  

Read our recent articles:

  1. How to buy NFTs – Simple Step by Step Guide
  2. Top 10 Most Expensive NFTs sold
  3. How to assess the value and worth of NFTs

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